Team Penske announced on Friday afternoon that long-time President Tim Cindric is stepping away from day to day operations of Team Penske’s wide range of racing programs.
Cindric will retain the title of President and will now focus on Team Penske’s IndyCar efforts, and will manage the team’s racing archives and historical assets as well.
With his role reduced in scope, he will be able to put more focus on the IndyCar side of Penske’s operation.
“I have lived my dream job for the past 25 years as the overall leader of the Penske Racing organization,” said Cindric.
“I’ve had the opportunity to work with some of the best people in the business while achieving many milestones together. I’ve decided I need to make a change that provides me with the flexibility I need at this stage of my career.
“I appreciate the understanding Roger [Penske] has provided throughout our conversations and I’m confident this team will continue to succeed as we have a proven leadership team in all areas.”
Over two decades with Team Penske
Cindric joined Team Penske in late 1999, and was promoted to President in 2006. He has served as one of the highest members of the historic team since then, and is often one of the most visible members of the team’s leadership.
The 56-year-old also serves as strategist for Penske’s IndyCar efforts, helping lead Josef Newgarden to multiple victories and championships.
Ron Ruzewski will continue to serve as the Managing Director of Team Penske’s IndyCar operations, and will continue to work alongside Cindric.
Penske’s other racing initiatives, such as NASCAR and IMSA, will continue to be headed up by Michael Nelson and Jonathon Diuguid respectively.
Each manager will now report directly to Roger Penske instead of reporting to Cindric.
Cindric was part of the leadership group that was suspended internally for their role in Team Penske’s Push to Pass cheat at the 2024 season opening St. Petersburg race.
He was not allowed to participate in this past year’s Indianapolis 500, where Josef Newgarden earned Team Penske’s 20th Indy 500 win.